Housing in New Albany, MS
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$188,872
New Albany vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Albany is highlighted.
Median Home Value
41st%ilemost expensive$150,000show rank
Median Rent
51st%ilemost expensive rent$956show rank
Rent Burden
84th%ilehighest rent burden24.8%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$150,000
Median Rent
$956
Total Housing Units
3,526
Vacancy Rate
16.5%
Owner Occupied
56.9%
Renter Occupied
43.1%
Median Property Tax
$972
per year
Monthly Cost (w/ Mortgage)
$624
Housing Types
Single Family78.3%
Multi-Family18.3%
Mobile Home3.4%
The median home value in New Albany, MS is $150,000. According to Zillow, the home value index for New Albany is $188,872. The median rent is $956 per month (Census ACS). About 56.9% of housing units are owner-occupied. The median year homes were built is 1975. There are 3,526 total housing units.